According to CoinDesk, Nigel Farage, leader of the Reform UK party, invested £215,000 (approximately $286,000) through his company Thorn In The Side Ltd. in Stack BTC (STAK), a UK-listed Bitcoin financial company, and will hold approximately 6.31% of the shares following the new share issuance. This funding round raised a total of £260,000 through the issuance of 5.2 million new shares at £0.05 per share, with Blockchain.com also participating. The new shares are expected to begin trading on March 12 on the Aquis Growth Market.
UK Reform Party leader Farage invests in Stack BTC, holds a 6.31% stake
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Summary
Today’s BTC news reveals that Nigel Farage, leader of the UK Reform Party, has invested £215,000 (approximately $286,000) in Stack BTC (STAK) through his company, Thorn In The Side Ltd. The investment grants him a 6.31% stake. The funding round raised £260,000 by issuing 5.2 million new shares at 5 pence each, with Blockchain.com also participating. The new shares will begin trading on the Aquis Growth Market on March 12. This BTC update highlights a significant development in UK-listed Bitcoin finance.
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